Nickel Asia (PHS:NIKL) EBIT: ₱12,467 Mil (TTM As of Mar. 2026)


PHS:NIKL Nickel Asia Corp PHS:NIKL
90 GF Score
Price ₱4.35
GF Value ₱4.81
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Nickel Asia EBIT?

Nickel Asia PHS:NIKL +1.87% 90 EBIT is ₱12,467 Mil as of Mar. 2026. GuruFocus rates PHS:NIKL with a GF Score™ of 90/100 and a GF Value™ of ₱4.81 (Modestly Undervalued). The stock has 3 warning signs investors should review.

Nickel Asia's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ₱966 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ₱12,467 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Nickel Asia's annualized ROC % for the quarter that ended in Mar. 2026 was 4.54%. Nickel Asia's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 11.41%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Nickel Asia's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 18.19%.


Nickel Asia  (PHS:NIKL) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Nickel Asia's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=3124.632 * ( 1 - 26.29% )/( (51792.154 + 49723.274)/ 2 )
=2303.1662472/50757.714
=4.54 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=70168.011 - 3665.495 - ( 19512.893 - max(0, 10897.107 - 25607.469+19512.893))
=51792.154

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=65652.587 - 4790.832 - ( 12450.265 - max(0, 8277.547 - 19416.028+12450.265))
=49723.274

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Nickel Asia's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=3865.02/( ( (33125.604 + max(-319.693, 0)) + (34233.132 + max(386.441, 0)) )/ 2 )
=3865.02/( ( 33125.604 + 34619.573 )/ 2 )
=3865.02/33872.5885
=11.41 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1211.859 + 2646.789 + 1103.868) - (3665.495 + 0 + 1616.714)
=-319.693

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(866.224 + 3475.094 + 1638.227) - (4790.832 + 0 + 802.272)
=386.441

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Nickel Asia's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=12466.541/68527.088
=18.19 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Nickel Asia EBIT Related Terms


Nickel Asia EBIT Historical Data

* Premium members only.

The historical data trend for Nickel Asia's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Nickel Asia EBIT Chart

Nickel Asia Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14,178.14 14,575.54 8,436.05 5,008.78 12,659.01

Nickel Asia Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,204.77 3,155.04 5,883.52 2,461.72 966.26

Nickel Asia EBIT Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Nickel Asia's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Nickel Asia EV-to-EBIT vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Nickel Asia's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Nickel Asia's EV-to-EBIT falls into.


PHS:NIKL
90GF Score
Nickel Asia Corp PHS:NIKL
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Nickel Asia EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₱12,467 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of ₱12,467 Mil mean?
Nickel Asia (PHS:NIKL) has a EBIT of ₱12,467 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Nickel Asia.
Is Nickel Asia's EBIT too high?
Nickel Asia's current EBIT is ₱12,467 Mil. Overall, Nickel Asia has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nickel Asia's EBIT compare to competitors?
Nickel Asia's EBIT of ₱12,467 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Metals & Mining company?
A good EBIT depends on the Metals & Mining industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Nickel Asia. Nickel Asia's current EBIT is ₱12,467 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nickel Asia stock overvalued right now?
Based on GuruFocus' analysis, Nickel Asia (PHS:NIKL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₱4.81, compared to a current price of ₱4.35 — trading 9.6% below its estimated fair value. The current EBIT is ₱12,467 Mil. Nickel Asia's overall GF Score™ is 90/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Nickel Asia (PHS:NIKL), the current EBIT is ₱12,467 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Nickel Asia (PHS:NIKL) Overvalued in 2026?

Based on GuruFocus' analysis, Nickel Asia stock appears to be undervalued. The current stock price of ₱4.35 is trading 9.6% below its estimated GF Value™ of ₱4.81. GuruFocus considers Nickel Asia to be Modestly Undervalued.

Key valuation signals for PHS:NIKL:

  • EBIT: ₱12,467 Mil
  • GF Value™: ₱4.81 vs. price of ₱4.35 (9.6% below fair value)
  • GF Score™: 90/100 with 3 warning signs

No single metric tells the full story. See the PHS:NIKL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nickel Asia Business Description

Other Exchanges NCKAF:USA
Address 32nd Street, Bonifacio Global City, 28th Floor, NAC Tower, Taguig, PHL, 1634
Nickel Asia Corp is a diversified natural resources development company is principally engaged in the business of producing beneficiated nickel ore, limestone, and quarry materials, rendering of services, and generating revenue from sale of power. The company has three operating segments which is The mining segment which accounts for a majority of the company's revenue includes the mining and exploration of nickel saprolite and limonite ore, limestone, and quarry materials, the services segment includes chartering out of LCT, construction and rendering of services to CBNC, THNC, and other parties and leasing of aircraft to WAISC, and the power segment is into power generation and exploration for geothermal resources.
90GF Score

Get the complete analysis for PHS:NIKL

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₱4.35
Price
₱4.81
GF Value